Crude Oil Futures
Crude Oil has been on the radar screen of the public, politicians, economists, analysts and strategists, for the reason that it's price impinges on the prices of other goods. Hence it affects inflation and the cost of living. Blog chronicles trading in crude oil futures on Nymex.
Monday, July 31, 2006
Friday, July 28, 2006
20060728 Crude oil breaks out to downside. We'll see on opening Monday to short. Crude Oil futures chart
Thursday, July 27, 2006
Wednesday, July 26, 2006
Monday, July 24, 2006
Friday, July 21, 2006
Thursday, July 20, 2006
Wednesday, July 19, 2006
Tuesday, July 18, 2006
Monday, July 17, 2006
Friday, July 14, 2006
20060714 The overreaction allowed a nice price to short at 78. This example shows how on a day where there is expectation of "super spike" to US100 per barrel, it is possible to make money by short. Crude Oil futures chart
20060714 3:51 am EST. The manipulatin of oil prices provides some ticks profit to those astute enough to short at 78.00. Crude Oil futures chart
Thursday, July 13, 2006
Wednesday, July 12, 2006
Tuesday, July 11, 2006
20060711 After 3 days down, yesterday provided nice rally, a classic pattern to trade the crude oil. Count is now 1 up. Crude Oil futures chart